top of page
Accountant

 

 

Health Savings Account 

A Health Savings Account (HSA) is a unique, tax-advantaged account that can be used to pay for current or future healthcare expenses. When combined with a High-Deductible Health Plan (HDHP), it offers savings and tax advantages that a Copay Plan can't duplicate. This is available to employees who have elected the 4000 HDHP medical plan option.

 

You will receive a spending card for easy reimbursement

New Enrollees, please watch your mail for your card. It will arrive in a PLAIN ENVELOPE.

Renewing your Plan, you will NOT receive a new card. Please do not discard your current card.

 

2025 HSA Contributions Limits

Individual Contribution - $4,300

Family Contribution - $8,550

Catch-Up Contribution (age 55+) - $1,000

 

2026 HSA Contributions Limits

Individual Contribution - $4,400

Family Contribution - $8,750

Catch-Up Contribution (age 55+) - $1,000

​

Flexible Spending Account

A Flexible Spending Account (FSA) lets employees take home a larger paycheck by reducing their taxable income. Contributions to your FSA come out of your paycheck before any taxes are taken out. This means you don’t pay federal income tax, Social Security taxes, or state and local income taxes on the portion of your paycheck you contribute to your FSA. This is available to employees who have elected the Core 3500 and Buy Up 1700 medical plan options.

 

Benefits of an FSA

  • Pre-tax savings.

  • Funds available right away.

  • Spending card for easy reimbursement new enrollees, please watch your mail for your card.

 

2025 Contributions Maximums

  • Medical FSA Maximum Amount - $3,300

  • Maximum Rollover Amount - $660 (minimum of $50)

​

Dependent Care Spending Account 

A Dependent Care Account allows you to put money aside for:

  • Dependent care for children up to age 13

  • A disabled dependent of any age or a disabled spouse

 

To be eligible for a DCA: you and your spouse (if applicable) must work, be looking for work or be full-time students. Your dependents must live with you and be 12 years or younger. A dependent age 13 or older may be eligible if they cannot physically or mentally care for themselves. The daycare provider cannot be a parent of the child, a dependent on your tax return, or your child under the age of 19.

 

Maximum Contribution Amount - $5,000

Note: There is no rollover amount for the Dependent Care Account. This account is use it or lose it.

vanguard logo.png

This information, including any summaries or videos, is for the our employees. These documents and videos contain only a partial description of the benefits, limitations, exclusions and other provisions of these plans mentioned. It is not a policy. It is a general overview only. It does not provide all the details of this coverage, including benefits, exclusions and policy limitations. In the event there are discrepancies between these documents and videos, the terms and conditions of the policy will govern.

bottom of page